Mumbai airport moves to cut 12 foreign airlines' operations
In short
Mumbai airport is moving to reduce the role of 12 foreign airlines while its operator, Adani Airport Holdings Ltd, prepares to redevelop the airport. The airlines and the airport operator have been in a standoff for a month over moving operations.
What the reporting says
Mumbai airport's operator, Adani Airport Holdings Ltd, is preparing to redevelop the existing airport while a month-long standoff with foreign airlines over relocating their operations remains unresolved. The reported move affects 12 foreign airlines and comes as the airport operator pushes ahead with redevelopment plans.
Why it matters
Adani Airport Holdings Ltd is preparing to redevelop Mumbai airport while a month-long standoff with 12 foreign airlines over relocating their operations remains unresolved. The development matters for the airlines using the airport and for the operator as it advances a major redevelopment plan.